China National Building Material Company Limited (OTCMKTS:CBUMY) Sees Large Decrease in Short Interest

China National Building Material Company Limited (OTCMKTS:CBUMY) was the target of a large drop in short interest in March. As of March 15th, there was short interest totalling 200 shares, a drop of 94.7% from the February 28th total of 3,800 shares. Based on an average trading volume of 900 shares, the short-interest ratio is currently 0.2 days.

China National Building Material Price Performance

OTCMKTS CBUMY remained flat at $25.98 on Thursday. The company’s stock had a trading volume of 32 shares, compared to its average volume of 1,991. China National Building Material has a 12-month low of $13.10 and a 12-month high of $26.34. The business has a 50 day moving average price of $24.82 and a 200-day moving average price of $22.05.

China National Building Material Company Profile

China National Building Material Company Limited, an investment holding company, engages in building material, new materials, and engineering technical services businesses. The company operates through five segments: Cement, Concrete, New materials, Engineering Technology Services, and Others. It produces and sells cement, concrete, and fibreglass, as well as composite and light building materials.